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Oil Industry Can Save $100 billion With Digitalization: Study

2019-10-09 15:57:08| OGI

New study reveals technological innovations can slash upstream budgets.

Tags: save study industry oil

 

Senegal Delays Oil Licensing Round By One Month

2019-10-09 15:20:04| OGI

According to the International Monetary Fund (IMF), between 2014 and 2017, oil and gas reserves worth more than 1 billion barrels of oil and 40 trillion cubic feet of gas, most of it shared with Mauritania, were found.

Tags: month round oil licensing

 
 

Artificial Intelligence Key To Unlocking Oil, Gas Sectors Treasure Trove Of Data

2019-10-08 21:00:00| OGI

For the oil and gas sector to benefit from the vast amounts of data it generates each day it needs to collect, sort and analyze this effectively and in a time-efficient manner. According to Ulisses T. Mello, director of IBM Research, the secret to unleashing the value from this data is artificial intelligence.  

Tags: data key gas oil

 

Occidental Tentatively Books Oil Supertanker For Record $13.25 million To Asia

2019-10-08 15:35:40| OGI

Occidental is one of the biggest exporters of U.S. crude and routinely ships to Asian buyers, trade sources said. The company did not respond to requests for comment.

Tags: books record million asia

 

DUG Eagle Ford: Venado Oil, Gas On Fast Cycle Times

2019-10-08 11:30:00| OGI

Venado Oil & Gas CFO, Branden Kennedy explains why the company is sticking to its roots in the Eagle Ford and how that holds its own against "Permania."

Tags: times fast gas oil

 

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